Virtual Economics and Financial Crime: Money Laundering in Cyberspace

Chambers, Clare (2012). Virtual Economics and Financial Crime: Money Laundering in Cyberspace. London: Edward Elgar.



Clare Chambers-Jones examines the jurisprudential elements of cyber law in the context of virtual economic crime and explains how virtual economic crime can take place in virtual worlds. She looks at the multi-layered and interconnected issues association with the increasing trend of global and virtual banking via the ‘Second Life’ MMOG (Massively Multiplayer Online Game). Through this fascinating case study, the author illustrates how virtual worlds have created a second virtual economy which transgresses into the real, creating economic, political and social issues. Loopholes used by criminals to launder money through virtual worlds (given the lack of jurisdictional consensus on detection and prosecution) are also highlighted.

Viewing alternatives

No digital document available to download for this item

Item Actions